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Hoosier State Today

Friday, December 27, 2024

Total OASDI beneficiaries in Indiana zip 46372 decrease in 2018

Nowhiring07

There were 45 total OASDI beneficiaries in Indiana zip code 46372 in 2018, a 10 percent decrease from 2017, which had only 50 total beneficiaries, according to the official Social Security Administration website.

The Old-Age, Survivors, and Disability Insurance (OASDI) program is a program of the Social Security Administration funded primarily through payroll taxes. It was signed into law in 1935 by then-President Franklin D. Roosevelt.

The OASDI program aims to supplement a worker’s lost wages due to retirement, disability or death of a spouse.

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